Comments | the_recession: Krugman: 'Can Europe be saved?'

nebris in the_recession

Krugman: 'Can Europe be saved?'

Jan 14, 2011 20:28

by Gaius Publius on 1/14/2011 02:34:00 PM

Paul Krugman has an excellent, major magazine piece at the Times on the prospects for Europe and the euro, as both climb out of crisis, painfully and slowly. Its title is "Can Europe Be Saved?" and the title is apt. The answer is not necessarily Yes.

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societal breakdown, macroeconomics, spain, piigs, italy, monetary policy, sovereign defaults, sovereign debt crisis, banking sector, economic policy, credit crisis, economic collapse, bonds, 'capitalism', house of cards, greece, paul krugman, germany, ireland, civil unrest, europe

Comments 1

badnewswade January 16 2011, 13:26:53 UTC

I don't understand why they don't just allow the Euro to devalue. Politicians always resist devaluation when it's always devaluation that gets economies moving again.